Particle.news
Download on the App Store
8 ARTICLES
·
4d ago

Bitcoin Hyper Presale Tops $10.6 Million With Solana-Compatible Bitcoin Layer‑2 Pitch

Backers point to a Canonical Bridge using the Solana Virtual Machine to mint wrapped BTC on a faster second layer.

Image
Image
Image
Image

Overview

  • As of Aug. 19, outlets report the $HYPER token sale has exceeded $10.6 million, with the current presale price quoted around $0.012755.
  • Articles describe Bitcoin Hyper as a Bitcoin Layer‑2 that uses a non‑custodial Canonical Bridge to lock BTC, mint a 1:1 wrapped asset on Layer 2, and burn it for withdrawals back to Layer 1.
  • Coverage says the layer will run the Solana Virtual Machine to enable smart contracts and Solana‑style speeds, with promoters claiming confirmations could drop from about an hour to seconds.
  • The token’s advertised utilities include paying gas, staking and governance, with reported staking yields in the 103%–108% APY range for early participants.
  • Reports highlight six‑figure presale buys (up to about $161,000) and link demand to recent Bitcoin highs near $124,000, rate‑cut expectations, institutional activity, and U.S. Treasury work on the GENIUS Act.